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Actuarial & underwriting

Vale’s captive placed on negative outlook

Rating agency Moody’s has placed Barbados-based Monticello Insurance on negative watch and affirmed its Baa3 insurance financial strength (IFS) rating. 18 May 2015

Actuarial & underwriting

R&Q appoints captive management president

Randall & Quilter (R&Q) has appointed Nick Frost as president of its captive management division. 1 May 2015

Actuarial & underwriting

Robus appoints Gibraltar director

Independent insurance manager Robus has appointed Ruth Mathews as a director in Gibraltar. 30 April 2015

Actuarial & underwriting

Advantage International founder receives CICA award

The founder of Cayman-based Advantage International Management has received a distinguished service award from the Captive Insurance Companies Association (CICA). 21 April 2015

Accounting & tax analysis

AM Best withdraws AMI ratings

AM Best has withdrawn its ratings of New Zealand-based general insurer AMI Insurance. 8 April 2015

Actuarial & underwriting

Willis appoints Bermuda chair

Willis has appointed Paul Scope as chairman of Willis Bermuda, encompassing all of the firm’s operations on the Island. 2 April 2015

Actuarial & underwriting

OIL elects chairman; declares $400m dividend

Mutual insurer Oil Insurance Limited (OIL) has elected a chairman and deputy chairman, following its annual general meeting (AGM). 1 April 2015

Actuarial & underwriting

Towers Watson highlights Guernsey advantage

In its latest study, Towers Watson has highlighted the attractiveness of Guernsey as a destination for captives. 17 March 2015

Actuarial & underwriting

Frates launches three insurance programmes

Frates Reinsurance Intermediary is set to launch three new insurance programmes in early 2015. 16 March 2015

Accounting & tax analysis

Nevada experiences back to back years of record growth

Nevada’s captive insurance programme outperformed growth expectations by approving 26 captives in 2014 resulting in a captive premium increase of $3.8 billion. 6 March 2015

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